Rebirth of the Financial Crisis Sweeping the World

  Chapter 168 168 From high to low in front of Wang Guanxi

  In the afternoon, Wang Guanxi stayed at the headquarters of the black shirt insurance company.

  In the office, he tilted his legs, drank tea, and looked at the beauty of Victoria Harbour. He didn't need to do anything. The rest of the matter was left to the horses.

  Everything is under his control, he likes this feeling.

   Zhang Dexi, Wu Zhankun, Huang Shaokai, Mu Honglie, Chen Xuezhen, Wei Weicheng and others are discussing how to eat the Asian Financial Holding Company.

  This time, the Asian Financial Holdings Corporation is going to be over.

  Everyone is very excited, especially excited.

   Especially Wu Zhankun, there is a feeling of revenge.

At this time, Zhang Dexi suggested: "We must conduct a comprehensive crusade against Asia Financial Holdings, saying that it is fraudulent, saying that it is going to bankrupt, and let the company's employees fill the forum and the stock bar to call for the dumping of stocks and redemption of insurance policies... ·"

  Zhang Dexi talked about a series of insidious tricks, which everyone thought was very useful.

  At this time, CEO Huang Shao opened the phone. It was Chu Jianming, the chairman of Convoy Global Insurance, who wanted to talk to the boss.

  So Huang Shaokai called Wang Guanxi: "BOSS, Chu Jianming wants to talk to you"

  Wang Guanxi nodded, took the phone happily, and said lightly: "Hey, President Chu"

  I borrowed 200 million shares of Asian Financial Holdings from Chu Jianming before, and then went to short Asian Financial Holdings. At that time, these stocks were worth 1 billion Hong Kong dollars and charged 250,000 interest every day, which is 90 million in a year.

  At that time, Chu Jianming was not too happy.

  I'm all right now. It's only a few days now, so I called.

   On the phone, Chu Jianming said in a flattering tone: "Mr. Wang, how about we talk?"

  Now he is scared. Asian Financial Holdings suffered terrible losses due to the bankruptcy of the Bank of California this time. The stock price did not know how much it would plummet.

  At that time, Wang Guanxi will close the position at a very low stock price, and then buy 200 million shares to return to him.

  Alas, it’s really going to be a loss, this time the loss is estimated to be as high as 800 million!

  The original stock price was at 5.00. At that time, 200 million shares were worth 1 billion Hong Kong dollars. If it fell to 1.00 per share, then these 200 million shares would only be worth 200 million Hong Kong dollars.

   Thinking of this, Chu Jianming shuddered.

  At this time, Wang Guanxi asked faintly: "Mr. Chu, what do you want to talk about? You can talk about it"

  "Mr. Wang, what do you think about the closing of the position at 3 yuan per share?" Chu Jianming said on his knees: "Then you return these stocks to me, this time you can earn 200 million Hong Kong dollars."

  Wang Guanxi smiled and said: "Mr. Chu, you can just laugh again, how can I be satisfied with 200 million Hong Kong dollars?"

"What about the 300 million Hong Kong dollars? I have pledged to compensate. You will return these stocks to me, and I will pay you an additional 300 million Hong Kong dollars." Chu Jianming said with some pleading, "Mr. Wang, really, I have pledged to lose. Count me, raise your hands high."

  This time not only the Asian Financial Holding Company suffered heavy losses, but also his Convoy Global Insurance.

Convoy Global Insurance also holds 200 million shares of Asian Financial Holdings and lent it to the Black Shirt Insurance Company for short. When the time comes, the Black Shirt Insurance Company will return these 200 million shares to them if the stock price drops to 1 yuan per share. At that time, these 200 million shares were worth 200 million Hong Kong dollars. It was terrible to think about them. They would have lost 900 million Hong Kong dollars.

  So he wants to negotiate with Wang Guanxi, the price of 3 yuan per share, and return the stock to them.

  Wang Guanxi smiled and said: "Chu, you are thinking too well, how is the price of 3 yuan per share!"

  This Chu Jianming is also naive, wanting him to close his position at the price of 3 yuan per share, is he that stupid?

Now Asia Financial Holdings has suffered such a loss. It is normal for the stock price to fall below 2.00, or even lower. His black shirt insurance company waited for the stock price to fall into shit, and then closed its position. At that time, Chu Jianming’s Kang Hong Global Insurance Company will also suffer heavy losses, and then Wang Guanxi's Black Shirt Insurance Company will swallow it. Of course, this opportunity is not great, but the greater the loss of Convoy Global Insurance Company, the greater the chance that the Black Shirt Insurance Company will swallow it afterwards.

   "Then what do you say?" Chu Jianming knelt and asked tentatively: "What do you think of the price of 2.5 yuan per share?"

He thinks that the position of 2.50 yuan per share is also good. As long as the black shirt insurance company closes its position and buys 200 million shares in the market, the stock price will rise sharply. After the 200 million shares are returned to them, Convoy Global Insurance, He will also sell these 200 million shares to minimize losses as much as possible.

  Wang Guanxi said lightly: "Mr. Chu, I have to think about it for a while, and I want to look at the follow-up stock price chart."

  2.50 price per share?

  Haha, it’s still high.

  At least 1.00 yuan per share, Wang Guanxi considered.

  Chu Jianming asked: "Mr. Wang, what price do you say?"

  Wang Guanxi said lightly: "0.90 yuan per share!"

   Chu Jianming suddenly refused: "Mr. Wang, it's too low, 2.00 yuan per share, what do you think?"

  0.90 yuan per share, this TM is too low, Wang Guanxi is drinking his blood.

  Wang Guanxi had to say: "I will continue to think about it."

  Chu Jianming gritted his teeth and said: "1.5 yuan per share!"

  Wang Guanxi smiled and said, "I still think about it."

   "Oh, that's OK, just tell me what you think" Chu Jianming looked helpless, thinking of this loss, he felt heartache!

  Convoy Global Insurance Company has suffered heavy losses not only on the Bank of California, the First National Bank of Nevada, and the First Heritage Bank of California, but also on Asian Financial Holdings.

  In fact, his loss was not much worse than that of the Asian Financial Holdings Corporation, or even worse.

  After finishing the call, Wang Guanxi handed the phone to Huang Shaokai.

  Huang Shaokai asked: "BOSS, what did the old fox Chu Jianming say?"

The old fox, Chu Jianming, just asked him to borrow 100 million shares before. In order to be greedy for high interest rates, he also borrowed 200 million shares and signed agreements with various terms. If the black shirt insurance company's security deposit is not enough, he will just borrow 200 million shares. The stock must be returned to them immediately.

  It’s all right now.

  Wang Guanxi smiled and said: "If Chu Jianming calls in the future, you just say I'm not free."

Chu Jianming really recognized the facts, he saw something wrong, he immediately came over and asked for a private solution, but it was useless. Wang Guanxi had to wait for the Asian Financial Holdings Company’s stock to fall into **** before closing his position, and then returned 200 million shares to Kanghong. Universal Corporation.

  And this time, Kanghong Global Insurance Company also suffered a terrible loss. Wang Guanxi plans to acquire it, so he will see if there is a chance. Anyway, if he doesn’t have enough money, he can take a loan from Wing Hang Bank or CMB Wing Lung Bank.

  "Okay, BOSS" Huang Shaokai was a little excited.

  ··

  At this moment in a coffee shop, Chu Jianming was leaning on the sofa chair in despair, with a worried expression on his face.

   Facing Chen Tianqing on the opposite side, he said, "Brother Chen, it's impossible to talk, that kid is shrewd, MD, I beg him in a low voice!"

  Before, he didn't put this little worthy kid in his eyes at all. He thought he was a fool, but he didn't expect that he would be so low.

  This kind of feeling is like I used to look down on others and think that others are stupid, and finally find that I am a stupid, and I don’t know where I am stupid!

  Chen Tianqing said: “I knew that kid wouldn’t talk to you. It’s useless if you tell him more.”

  Thinking about it, Chen Tianqing said, "Old Chu, let’s try a loan."

"Row"

  Then the two began to call the bank.

  Banks also need to verify their company’s assets, because they have indeed lost a lot of money and it is basically very difficult to get loans.

  The next day, August 10, Sunday.

  The news editor arranged by the Black Shirt Insurance Company continues to report the negative news of Asian Financial Holding Company.

  【Asia Financial Holdings has a huge loss of 5 billion and faces bankruptcy】

   also made headlines.

  Of course, this headline was paid by the black shirt insurance company, just like advertising.

  Hong Kong’s stock market forum, post it, and the employees of the black shirt insurance company act as navy forces, calling on everyone to go short Asian Financial Holdings, and calling on retail investors to sell all the shares of Asian Financial Holdings at the opening of the market on Monday.

  [Asian Financial Holding Corporation has a huge loss of more than 5 billion, a rough estimate of 7 billion Hong Kong dollars]

  【Asian financial assets have been cheating! 】

  [Everyone, hurry up and sell the shares of Asian Finance, it is about to go bankrupt! 】

  【Hurry up and redeem the insurance policy in Asia Financial Holdings! 】

  ···

  Retail investors who hold shares of Asian Financial Holding Corporation for a while are like a panic.

  Everyone specifically checked the situation, and indeed those three banks in the United States went bankrupt.

"This is real"

   "It's absolutely true!"

   "Is Asian Financial Holdings really going to close down?"

   "MD, I hold 100,000 shares, and I must sell them as soon as possible tomorrow"

   "It's over, it's over, hurry up and sell the stocks." A retail investor who bought Asia Financial Holdings Insurance and also bought its stocks was terrified.

   Chen Tianqing was dumbfounded when he watched these news.

  I thought, when the market opens tomorrow Monday, the share price of Asia Financial Holdings will definitely be over.

  “It was definitely arranged by the black shirt insurance company”

  As a veteran of rumors, Chen Tianqing did not expect that he would become the target of rumors today!

  The mess that came out, after all, I still have to pay it back!

  This time, Asian Financial Holding Corporation invested 300 million U.S. dollars in the Bank of California, which is now over. In addition, Asian Financial Holding Corporation also consumed 800 million cash flow in order to fight the black shirt insurance company, and the cash flow has dried up.

   "Oh, now the company is going to die."

  Chen Tianqing engages in wind and rain, but he did not expect to fall into such a situation.

  The most important thing is that AFC still owes a long-term loan of 400 million Hong Kong dollars to Standard Chartered Bank. Now Standard Chartered believes that AFC has mismanaged the company and has a major problem. It has to recover the loan in advance. It has used it to collect debts.

  The phone rang once, but he did not answer it.

  At this time, the phone rang again, and it was a vice president of Standard Chartered Bank who called Zhang Xiaolei, a beautiful banker.

  Before, the Asian Financial Holdings Corporation was to acquire an insurance company. At that time, the company's capital flow was low, so it did not use the company's capital flow, but asked for a loan from Standard Chartered Bank.

  Unexpectedly, Zhang Xiaolei called now, which made him very uneasy.

  He thought for a while, connected, and said politely: "Mr Zhang, hello"

  "Mr. Chen, hello" Zhang Xiaolei was quite polite on the phone and asked: "Mr. Chen, has Asia Financial Holdings lost HK$5 billion recently?"

   Originally, the 400 million Hong Kong dollar loan was nothing, but if the Asian Financial Holdings lost so much money, it would be a big problem.

  Although the insurance company will not go bankrupt, it cannot repay the loan. If the debt defaults, it will affect the bank. This is not okay. She does not like the bad debts of the loan she is responsible for.

  You must know that this loan was a credit loan. At that time, there was no collateralized assets. If the Asian insurance company lost more than 5 billion Hong Kong dollars, it would be even more difficult to handle.

  Chen Tianqing quickly explained: "Mr. Zhang, that is purely a rumor, nothing!"

  Zhang Xiaolei said: "Mr. Chen, our bank has verified the situation, let me tell you, I will give you three days, otherwise our bank will take compulsory measures, I hope you can understand"

  Chen Tianqing's heart exploded, but he said: "Mr. Zhang, I understand."

  This Standard Chartered Bank is simply a **** thing, bastard.

  Now Asia Financial Holdings has no liquid cash.

  Sale of assets?

  But even more losses, when the Asian Financial Holdings Corporation, will be insolvent, and then the China Securities Regulatory Commission will take coercive measures, and it will have to be acquired by other insurance companies at a low price.

How to do?

  Continue to borrow from other banks?

Previously, the Asian Financial Holding Company invested 800 million Hong Kong dollars in the Asian Financial Holding Fund and bought 200 million shares in the market. These 200 million shares were worth 800 million Hong Kong dollars on Friday, but after next Monday, The share price of Asian Financial Holdings Company will inevitably plummet. By then, these 200 million shares will be worthless?

And the only way to increase the stock price is for the Black Shirt Insurance Company to close its position. The Black Shirt Insurance Company shorts 200 million shares. If the position is closed, 200 million shares will be bought in the market. These 200 million shares can be consumed and sold. The market will not let the stock price fall into shit.

  Thinking about it, he made a call to Wang Guanxi, but when the call was made, he was still tangled up, it was so shameless.

  Thinking that he was still holding a winning ticket in front of Wang Guanxi before, he was embarrassed and ashamed.

  This face was beaten and swollen.

  He felt that he had gone from high above to low voice.

  This kind of gap, he really didn't want to experience it.

  But very helpless, now he has to call Wang Guanxi and ask to close the position.

  Only when Wang Guanxi closes his position, he can close the 200 million shares and then repay the loan from Standard Chartered Bank.

   "This Standard Chartered Bank has fallen into trouble, it is inferior to a pig and a dog" Chen Tianqing was furious.

  Finally, he struggled for an hour, and then dialed Wang Guanxi’s phone, but no one answered.

  Continue playing!

   Still no one answered!

   Chen Tianqing was angry and helpless, but in order to liquidate the position and return the money to Standard Chartered Bank, he had to do so.

  Continue calling.

   Still no one answered.

  Did Wang Guanxi not pick up on purpose?

impossible!

  Wang Guanxi should be busy!

  Chen Tianqing is comforting.

  ··

  Snooker Club at this moment.

  Wang Guanxi, Feng Shaokun, Zhang Youde, Wu Zhankun, Huang Shaokai and others are playing billiards.

Snapped!

  Failed to score a goal

  Feng Shaokun was speechless, apparently affected by the vibration of Wang Guanxi’s mobile phone.

  He said to Wang Guanxi who was drinking tea: "Guanxi, your phone keeps ringing, why don't you answer it, it will affect my playing billiards."

  The phone kept ringing, Wang Guanxi knew that Chen Tianqing was calling, but deliberately didn't answer it. He had to wait until he finished drinking this cup of tea.

  Thinking about it, Wang Guanxi put down his teacup and connected the phone.

   "Hello? What's the matter?" Wang Guanxi said lightly: "I'm sleeping."

   "Guanxi, it's me, Lao Chen" Chen Tianqing's voice on the phone was a compliment: "I'm sorry to disturb you and wake you up. It's my fault."

  Wang Guanxi couldn’t help laughing while listening to Chen Tianqing’s words, but did not make a sound, and asked faintly: “Mr. Chen, are you planning to come here to talk about the price of acquiring the black shirt insurance company?”

   "I've said everything, then consider again"

   "Mr. Chen, you won't be so anxious to buy my black shirt insurance company, are you?"

   On the phone, Chen Tianqing was embarrassed, his face was hot, and he was ashamed and said: "Guanxi, how dare you talk about acquiring your black shirt insurance company now?"

   "What I said before, my brother was just farting, don't take it seriously"

  Wang Guanxi smiled and said, "Old Chen, I thought you were buying my black shirt insurance company again."

  Chen Tianqing said with a smile: "Oh, I'm just farting."

  "This time I have an urgent matter to discuss with you"

  Wang Guanxi was happy about Chen Tianqing's low-pitched appearance, and asked: "What's the matter, let me talk about it, I'm listening"

  Chen Tianqing opened the mouth and said: "Guanxi, your black shirt insurance company will close the position, and my brother has also agreed to the compensation. How about the 3.00 position?"

  Seeing that Wang Guanxi didn’t speak, he said again: "How about position 2.5?"

  "If you close the position, I will also close the position. Everyone settles at a price of 2.50 yuan per share. Brother, I also pledged 300 million Hong Kong dollars."

  "How about you making 300 million Hong Kong dollars this time?"

  Wang Guanxi shook his head and said: "Old Chen, I'll continue to think about it for a few days, and you can give it a few more days to think about it. Let's do this first, I'll be busy."

  After finishing the call, Chen Tianqing leaned back in the boss chair, humiliated, ashamed, and unwilling.

   "This bastard!"

  He hammered the table top fiercely.

  It's going to be over this time. If Wang Guanxi doesn't close the position, it will be very difficult for him to close the position!

  You must know that the market will open tomorrow, and the market will definitely be full of selling orders. If there is no buying order, he will sell the stock, and no one will be able to sell it.

  The stock price can only go down, down, and down until someone buys it.

  But everyone buys shares of Asian Financial Holding Corporation?

  Retail investors must be rushing to sell.

  While the black shirt insurance company holds a short list of 200 million shares, only the black shirt insurance company can close its position to allow the stock price to rise.

  But Wang Guanxi is not a fool. He will not close the position when the stock price is high. He will wait to close the position when the stock price is very low!

   "Oh, this little bastard, really sinister!"

  Now he needs to mobilize 400 million funds to return to Standard Chartered Bank, otherwise Standard Chartered Bank will take compulsory measures, and then the Asian Financial Holdings will be bankrupted by the 400 million loan and then be acquired by other insurance companies.

  Now that the Asian Financial Holding Company has no cash, how to repay the loan?

   can only close the position.

  The 200 million shares that will be repurchased, while the stock price has not plummeted into shit, cash out as much as you can.

  It’s too late for other assets. Many of them are assets with poor liquidity. They are also sold at a discount if it is too late. This will cause assets to shrink severely. When the time comes, they will be insolvent, which is even worse.

  He never expected that he would be so embarrassed by the 400 million Hong Kong dollar loan today.

  Chen Tianqing looked at the ceiling blankly, thinking about how to solve the current problem.

  At this moment, the snooker club.

  Wang Guanxi and others are drinking champagne.

  Feng Shaokun couldn’t help but admired: “Guanxi, your black shirt insurance company is going to make a lot of money shorting Asia Financial Holdings this time.”

  This Asian financial holding company is also an insurance company. It is still listed. Its assets exceeded 10 billion before and its market value was as high as HK$5 billion. However, the stock price is about to plummet.

  It is hard to imagine that the Asian Financial Holding Company is in a huge loss of HK$5 billion.

  Hong Kong is a financial center. Many financial companies invest globally. Wherever profits are high, invest wherever they are. This Asian Financial Holdings is also terribly unlucky. It encountered the bankruptcy of California, and the investment was so large that the losses were terrible.

   "Guanxi, do you know that California Bank is going bankrupt?"

  Wang Guanxi smiled faintly: “In fact, the Bank of California has long gone wrong and has been covering it up. There have been reports on Facebook.”

   "That's it." Feng Shaokun sighed: "I thought your black shirt insurance company was going to be acquired by Asia Financial Holdings. I didn't expect that you were planning to acquire it."

"so perfect"

  Speaking of this, Feng Shaokun showed an expression of admiration.

  Wang Guanxi is a legend in his eyes. He is the only person who has witnessed Wang Guanxi’s creation from nothing.

  Wang Guanxi smiled faintly: "It's just good luck, it just happened so fast."

  In fact, he contributed to the flames by letting the time bomb of Bank of California explode in advance.

  Feng Shaokun: "So much panic has been brewing in the past two days. It is conceivable that tomorrow, the share price of Asia Financial Holdings will be more tragic!"

   Zhang Dexi also said: "I don't know where the shares of Asia Financial Holdings will fall this time?"

  Huang Shaokai: "It should be less than 2 yuan per share."

  And Wu Zhankun said: "It must be less than 1 yuan per share. It is estimated that no one will buy it in the market tomorrow, only people will sell it!"

  "Those who hold stocks want to sell them, but no one takes them."

   "Chen Tianqing is over this time!"

  Speaking of this, Wu Zhankun is particularly relieved.

   Chen Tianqing, the bastard, the last time Wing Lung Insurance hit the Wing Lung Insurance, the stock price of Wing Lung Insurance plummeted from RMB 20 per share to RMB 0.5 per share. He still remembers this grudge.

  Now it's Chen Tianqing's turn to the bastard.

  Let him try the taste of being shorted.

  (End of this chapter)